Frontier Refrideration LLC
How we got $2.3M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 59% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FRONTIER REFRIDERATION LLC this business | $4.7M | — |
| Technotherm Corporation Tulsa | $1.1M | 0.9 mi |
| HEATER FABRICTORS OF TULSA, LLC Tulsa · 157 employees | $76.2M | 1.2 mi |
| LIMCO AIREPAIR INC Tulsa · 170 employees | $68.2M | 2.3 mi |
| SPECIFIC SYSTEMS, LLC Tulsa · 73 employees | $33.5M | 3.4 mi |
| Aaon, Inc. Tulsa | $1.44B | 4.2 mi |
| AAON, Inc. Tulsa | $1.3M | 4.6 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.5M |
| Estimate: the two combined (geometric mean) | $4.7M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $598K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $2.3M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.2M – $3.2M |
| Revenue range | $3.1M – $5.4M |
| EBITDA range | $394K – $682K |
| Industry (NAICS) | Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingBancFirstPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $113K | 9 |
About Frontier Refrideration LLC
Frontier Refrideration LLC is an air-conditioning and warm air heating equipment and commercial and industrial refrigeration equipment manufacturing company in Tulsa, Oklahoma. Its estimated annual revenue is about $4.7M, with roughly $598K of EBITDA. It has about 9 employees. Its estimated business value is $2.3M (likely range $1.2M–$3.2M).
Common questions
- Who owns Frontier Refrideration LLC?
- The owner of Frontier Refrideration LLC isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Frontier Refrideration LLC make?
- SeeBITDA estimates Frontier Refrideration LLC's annual revenue at about $4.7M (likely between $3.1M and $5.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Frontier Refrideration LLC worth?
- About $2.3M, roughly 3.9× its estimated EBITDA of $598K, typical for a air-conditioning and warm air heating equipment and commercial and industrial refrigeration equipment manufacturing company its size. Likely range: $1.2M–$3.2M.
- How many employees does Frontier Refrideration LLC have?
- About 9, as reported on its PPP loan.